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Wacky Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the
Wacky Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wacky Waters has the following ticket prices and variable costs for the year: For the following year, Wacky Waters expects a sales mix of two individual tickets for every three family tickets. Wacky Waters' total fixed costs are $40,500. Read the requirements. (Click the icon to view the data.) ... Requirement 1. Compute the weighted-average contribution margin per ticket. Complete the table below to calculate the weighted-average contribution margin. (Round the weighted-average contribution margin per unit to the nearest cent.) Contribution margin Weighted-average contribution margin per unit Individual Family Total Data table Individual Family Sale price per ticket Variable cost per ticket $ 40 $ 25 120 100 Print Done
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